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Rockefeller Taps Goldman Sachs Talent Pool for Top Family Office Job

By Alex Padalka February 7, 2019

A year after leaving a top role in Goldman Sachs’ family office business, Timothy O’Hara has joined Rockefeller Capital Management as president of its multi-family office, according to Rockefeller.

Starting May 2, O’Hara will oversee senior client advisors and multi-generational experts, Rockefeller says in a press release. Until that time, Ray Wareham will continue to lead the unit, the company says.

Last February, O’Hara stepped down as president and CEO of Ayco, the family office and wealth planning unit of Goldman Sachs, although Ayco said he would remain a strategic advisor, the Daily Gazette wrote at the time.

He had been in the role since January 2013, after joining Ayco’s family office in 1995 as a client advisor, according to the press release. Ayco opened six new offices while O’Hara helmed the unit, Rockefeller says.

“With more than two decades at Ayco, Tim is one of the most experienced and accomplished leaders in the family office advisory space, and his expertise as a trusted advisor will be a great complement to our distinguished team of wealth experts,” Gregory Fleming, Rockefeller’s president and CEO and a former president at Merrill Lynch and Morgan Stanley, says in the press release. “Hiring Tim is another major investment in building the premier wealth advisory firm in the world.”

(Getty)

Under Fleming’s leadership, Rockefeller has attracted several high-profile executives as well as advisors from its larger wealth management rivals. In January, Rockefeller nabbed two veteran advisors from Merrill Lynch in Atlanta catering to ultra-high-net-worth clients.

In December, Rockefeller lured a Merrill Lynch managing director to head its San Francisco office, and also nabbed two UBS advisors overseeing $2.2 billion.